Civic Intelligence

Foundation for Innovation and Life Inc.

990 • Fiscal year 2017 • EIN 20-4325286

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

Organization ProfileWWW.CBSET.ORG

Refreshing map…

500 Shire WayLexington, MA 02421

(781) 541-5555

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.47x

Higher debt load relative to assets than 71% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

42nd percentile

0.17x

Higher debt load relative to revenue than 42% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

21st percentile

-5.1%

Higher net margin than 21% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

85th percentile

$356,574

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

47th percentile

3.7%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

19th percentile

-8.0%

Faster revenue growth than 19% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$4,333,390

Up $152,808 (+3.7%) from 2016

Net Assets

Down

$2,289,886

Down $609,721 (-21%) from 2016

Liabilities

Up

$2,043,504

Up $762,529 (+60%) from 2016

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin21st percentile

Revenue

Down

$11,865,908

Down $1,030,618 (-8.0%) from 2016

Expenses

Down

$12,475,629

Down $341,917 (-2.7%) from 2016

Net Income

Down

-$609,721

Down $688,701 (-872%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $6,312,764Liabilities 2011: $3,286,034Net Assets 2011: $3,026,7302011Assets 2012: $4,932,496Liabilities 2012: $1,867,715Net Assets 2012: $3,064,7812012Assets 2013: $4,595,355Liabilities 2013: $1,187,104Net Assets 2013: $3,408,2512013Assets 2014: $4,546,071Liabilities 2014: $1,894,445Net Assets 2014: $2,651,6262014Assets 2015: $4,895,878Liabilities 2015: $2,075,250Net Assets 2015: $2,820,6282015Assets 2016: $4,180,582Liabilities 2016: $1,280,975Net Assets 2016: $2,899,6072016Assets 2017: $4,333,390Liabilities 2017: $2,043,504Net Assets 2017: $2,289,8862017Assets 2018: $5,679,988Liabilities 2018: $3,083,671Net Assets 2018: $2,596,3172018Assets 2019: $4,898,945Liabilities 2019: $2,063,326Net Assets 2019: $2,835,6192019Assets 2020: $7,998,012Liabilities 2020: $5,087,403Net Assets 2020: $2,910,6092020Assets 2021: $14,994,473Liabilities 2021: $5,888,098Net Assets 2021: $9,106,3752021Assets 2022: $23,766,998Liabilities 2022: $12,122,718Net Assets 2022: $11,644,2802022Assets 2024: $11,132,218Liabilities 2024: $3,444,101Net Assets 2024: $7,688,1172024

Highlighted filing

2017

Assets$4,333,390
Liabilities$2,043,504
Net Assets$2,289,886
Open 2017 Filing

Operations Trend

Revenue Growth19th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $13,431,985Expenses 2011: $11,838,797Net Income 2011: $1,593,1882011Revenue 2012: $12,007,031Expenses 2012: $11,968,980Net Income 2012: $38,0512012Revenue 2013: $12,937,938Expenses 2013: $12,594,468Net Income 2013: $343,4702013Revenue 2014: $11,285,873Expenses 2014: $12,042,498Net Income 2014: -$756,6252014Revenue 2015: $14,045,003Expenses 2015: $13,876,001Net Income 2015: $169,0022015Revenue 2016: $12,896,526Expenses 2016: $12,817,546Net Income 2016: $78,9802016Revenue 2017: $11,865,908Expenses 2017: $12,475,629Net Income 2017: -$609,7212017Revenue 2018: $13,929,750Expenses 2018: $13,623,319Net Income 2018: $306,4312018Revenue 2019: $15,372,636Expenses 2019: $15,133,334Net Income 2019: $239,3022019Revenue 2020: $13,549,249Expenses 2020: $13,474,259Net Income 2020: $74,9902020Revenue 2021: $24,232,593Expenses 2021: $18,036,827Net Income 2021: $6,195,7662021Revenue 2022: $25,153,452Expenses 2022: $22,615,547Net Income 2022: $2,537,9052022Revenue 2024: $523,933Expenses 2024: $635,866Net Income 2024: -$111,9332024

Highlighted filing

2017

Revenue$11,865,908
Expenses$12,475,629
Net Income-$609,721
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$11,865,908
Mission and Program Overview

Mission

Cbset inc.'s mission is to help our sponsors develop unique tools and novel methods to promote early diagnosis and develop innovative treatments for complex diseases. Cbset specializes in the development and application of novel minimally invasive techniques in the fields of cardiology, endoscopy, surgery, drug, and device delivery, drug and device safety, and diagnostic imaging.

Csbet, inc. Is dedicated to research, education, and advancement of early stage technologies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,396,528$2,545,598▲ $149,070
Land, Buildings, and Equipment, Net$272,851$700,921▲ $428,070
Savings and Temporary Cash Investments$522,917$522,917→ $0
Prepaid Expenses and Deferred Charges$583,829$463,052▼ $120,777
Cash and Non-Interest-Bearing Accounts$387,902$83,903▼ $303,999
Total Assets$4,180,582$4,333,390▲ $152,808
Other Assets Total$16,555$16,999▲ $444
Liabilities
Accounts Payable and Accrued Expenses$554,335$1,006,257▲ $451,922
Other Liabilities$303,136$799,510▲ $496,374
Deferred Revenue$323,504$237,737▼ $85,767
Grants Payable$100,000--
Total Liabilities$1,280,975$2,043,504▲ $762,529
Net Assets / Fund Balance
Unrestricted Net Assets$2,899,607$2,289,886▼ $609,721
Total Net Assets Fund Balance$2,899,607$2,289,886▼ $609,721
Total Liabilities and Net Assets / Fund Balance$4,180,582$4,333,390▲ $152,808

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$696,785$4,818,868$5,515,653
Leasehold Improvements$4,136$944,760$948,896
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter MarkhamPres/exec DirectorFT$313,556$43,018$356,574
John KeatingPathologistFT$180,000$29,279$209,279
Misty Williams-fritzeDirector of Vet ServicesFT$155,000$40,577$195,577
Brett ZaniDirector Applied Sci DeptFT$150,000$35,219$185,219
Lynn BaileyInterventionalistPT$153,960$26,975$180,935
Alan LarochelleStudy DirectorPT$133,053$27,489$160,542
Elazer EdelmanDirector-$150,000-$150,000
Adam GroothuisTreas/clerk/consultantPT$10,000-$10,000
Campbell RogersBoard Director-$10,000-$10,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Swifton Cfos LLCOutside Contracted Cfo19 CHESSMAN DRIVE, Sharon, MA 02067$110,190
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,865,435
Investment Income
$0
Other Revenue
$473
Change in Net Assets
$-609,721

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,863,389
Revenue Not Reported on Financial Statements
$2,519
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$2,519
Total Revenue per Audited Statements
$11,863,389
Total Revenue per Form 990
$11,865,908
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,255,764
Salaries, Compensation, and Employee Benefits$6,087,003
Grants and Similar Amounts Paid$132,862
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,240,355$402,699-$4,643,054
Occupancy$1,341,970$400,848-$1,742,818
All Other Expenses$517,062$341,064-$858,126
Other Employee Benefits$473,769$113,481-$587,250
Payroll Taxes$283,888$84,798-$368,686
Current Officers, Directors, Trustees, and Key Employees$42,894$323,680-$366,574
Other Expenses$251,557$75,141-$326,698
Depreciation Depletion$125,206$42,399-$167,605
Grants to Domestic Orgs$132,862--$132,862
Pension Plan Contributions$93,508$27,931-$121,439
Insurance$74,329$22,202-$96,531
Travel$72,970$21,796-$94,766
Office Expenses$45,255$13,518-$58,773
Fees for Services Accounting-$36,000-$36,000
Conferences and Meetings-$11,947-$11,947
Interest-$9,253-$9,253
Total Functional Expenses$10,398,261$2,077,368$0$12,475,629

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$12,475,629
Expenses per Audited Statements$12,473,110
Total Expenses per Audited Statements$12,473,110
Expenses Not Reported on Financial Statements$2,519
Other Expense Adjustments$2,519
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Center for Biomedical Science & Engineering TrustBrookline, MA501(c)(3)Discretionary Research Fund$101,662
Brigham and Womans HospitalBoston, MA501(c)(3)Discretionary Research Fund$31,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Julian EdelmanRelative of Organization Director Elazer EdelmanEmployed by Cbset,inc.No$39,541
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$562,774
Long Term Portion of Capital Lease$229,843
Line of Credit$6,893
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Board of directors and management review form 990 for accuracy and approve prior to filing.”

Form 990, Part VI, Section B, Line 15

“The board approves the payroll of top management and key employees using the input from outside consultants. The organization leases employees through a staffing company, genesis consolidated services, which provides salary recommendations.”

Form 990, Part VI, Section C, Line 18

“The organization will furnish documentation upon request.”

Form 990, Part VI, Section C, Line 19

“The organization will furnish documentation upon request.”

Filing and Contact Details

Filer

Filer Name
Cbset Inc
EIN
20-4325286
Phone
7815415555
Address
500 SHIRE WAY, LEXINGTON, MA 02421

Signing Officer

Name
Peter Markham
Title
President
Phone
7815415555
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Markham
Formed
2006
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
1
Employees
29
Volunteers
0

Preparer

Firm
Citrin Cooperman & Co Llp
Address
1350 BELMONT STREET, BROCKTON, MA 02301
Preparer
Jonathan Pike
Phone
5085842120
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization assesses the recording of uncertain tax positions by evaluating the minimum recognition threshold and measurement requirements a tax position must meet before being recognized as a benefit in the financial statements.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“INTEREST EXPENSE $2,519”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“INTEREST EXPENSE $2,519”

Raw XML AppendixShowing 400 of 611 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CBSET INC.'S MISSION IS TO HELP OUR SPONSORS DEVELOP UNIQUE TOOLS AND NOVEL METHODS TO PROMOTE EARLY DIAGNOSIS AND DEVELOP INNOVATIVE TREATMENTS FOR COMPLEX DISEASES. CBSET SPECIALIZES IN THE DEVELOPMENT AND APPLICATION OF NOVEL MINIMALLY INVASIVE TECHNIQUES IN THE FIELDS OF CARDIOLOGY, ENDOSCOPY, SURGERY, DRUG, AND DEVICE DELIVERY, DRUG AND DEVICE SAFETY, AND DIAGNOSTIC IMAGING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02899607
IRS990/NetAssetsOrFundBalancesEOYAmt02289886
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0400848
IRS990/OccupancyGrp/ProgramServicesAmt01341970
IRS990/OccupancyGrp/TotalAmt01742818
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013518
IRS990/OfficeExpensesGrp/ProgramServicesAmt045255
IRS990/OfficeExpensesGrp/TotalAmt058773
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt016555
IRS990/OtherAssetsTotalGrp/EOYAmt016999
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0113481
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0473769
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0587250
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc2CONSULTING
IRS990/OtherExpensesGrp/Desc3EQUIPMENT SERVICE CONTR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt022943
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1127668
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt275141
IRS990/OtherExpensesGrp/ProgramServicesAmt01829677
IRS990/OtherExpensesGrp/ProgramServicesAmt1615548
IRS990/OtherExpensesGrp/ProgramServicesAmt2257411
IRS990/OtherExpensesGrp/ProgramServicesAmt3251557
IRS990/OtherExpensesGrp/TotalAmt01852620
IRS990/OtherExpensesGrp/TotalAmt1615548
IRS990/OtherExpensesGrp/TotalAmt2385079
IRS990/OtherExpensesGrp/TotalAmt3326698
IRS990/OtherLiabilitiesGrp/BOYAmt0303136
IRS990/OtherLiabilitiesGrp/EOYAmt0799510
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0473
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0473
IRS990/OtherRevenueTotalAmt0473
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0402699
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04240355
IRS990/OtherSalariesAndWagesGrp/TotalAmt04643054
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt084798
IRS990/PayrollTaxesGrp/ProgramServicesAmt0283888
IRS990/PayrollTaxesGrp/TotalAmt0368686
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt027931
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt093508
IRS990/PensionPlanContributionsGrp/TotalAmt0121439
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0583829
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0463052
IRS990/PrincipalOfficerNm0PETER MARKHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541700
IRS990/ProgramServiceRevenueGrp/BusinessCd1541700
IRS990/ProgramServiceRevenueGrp/BusinessCd2541700
IRS990/ProgramServiceRevenueGrp/BusinessCd3541700
IRS990/ProgramServiceRevenueGrp/BusinessCd4722514
IRS990/ProgramServiceRevenueGrp/Desc0SUPPORT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SUPPLIES INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OUTSIDE SERVICES REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3CONSULTING INCOME
IRS990/ProgramServiceRevenueGrp/Desc4MEAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011673672
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1147679
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt222819
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt321125
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4140
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011673672
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1147679
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt222819
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt321125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4140
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0132749
IRS990/PYInvestmentIncomeAmt02673
IRS990/PYOtherExpensesAmt07124051
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt012886353
IRS990/PYRevenuesLessExpensesAmt078980
IRS990/PYSalariesCompEmpBnftPaidAmt05560746
IRS990/PYTotalExpensesAmt012817546
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012896526
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-609721
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011865908
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0522917
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0522917
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02519
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02673
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02810
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02577
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04309
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014888
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt011869512
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt012892577
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt014040418
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt011289562
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt012933629
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt063025698
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02519
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02673
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02810
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02577
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04309
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt014888
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt063025698
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt011869512
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt012892577
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt014040418
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt011289562
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt012933629
IRS990ScheduleA/Total509Grp/TotalAmt063025698
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt011872031
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt012895250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt014043228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt011292139
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt012937938
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt063040586
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0696785
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04818868
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05515653
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02519
IRS990ScheduleD/ExpensesSubtotalAmt012473110
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04136
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0944760
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0948896
IRS990ScheduleD/OtherExpensesNotIncludedAmt02519
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0562774
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16893
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2229843
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LONG TERM PORTION OF CAPITAL LEASE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt02519
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt02519
IRS990ScheduleD/RevenueSubtotalAmt011863389
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTEREST EXPENSE $2,519
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INTEREST EXPENSE $2,519
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0700921
IRS990ScheduleD/TotalExpensesPerForm990Amt012475629
IRS990ScheduleD/TotalLiabilityAmt0799510
IRS990ScheduleD/TotalRevenuePerForm990Amt011865908
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011863389
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012473110
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0101662
IRS990ScheduleI/RecipientTable/CashGrantAmt131200
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DISCRETIONARY RESEARCH FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1DISCRETIONARY RESEARCH FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CENTER FOR BIOMEDICAL SCIENCE & ENGINEERING TRUST
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BRIGHAM AND WOMANS HOSPITAL
IRS990ScheduleI/RecipientTable/RecipientEIN0043299490
IRS990ScheduleI/RecipientTable/RecipientEIN1042312909
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt030 WARREN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt175 FRANCIS STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BROOKLINE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BOSTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002445
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd102115
IRS990ScheduleJ/AnyNonFixedPaymentsInd00

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,333,390
Liabilities
$2,043,504
Net assets
$2,289,886
Revenue
$11,865,908
Expenses
$12,475,629
Net income
-$609,721
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$3.44$7.69$0.52$0.64$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.8$12.1$11.6$25.2$22.6$2.54
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$5.89$9.11$24.2$18.0$6.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.00$5.09$2.91$13.5$13.5$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.90$2.06$2.84$15.4$15.1$0.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.68$3.08$2.60$13.9$13.6$0.31
2017Detailed filing. Detailed filing data is available for this year.$4.33$2.04$2.29$11.9$12.5$0.61
2016Summary only. Only limited summary data is available for this year.$4.18$1.28$2.90$12.9$12.8$0.08
2015Summary only. Only limited summary data is available for this year.$4.90$2.08$2.82$14.0$13.9$0.17
2014Summary only. Only limited summary data is available for this year.$4.55$1.89$2.65$11.3$12.0$0.76
2013Summary only. Only limited summary data is available for this year.$4.60$1.19$3.41$12.9$12.6$0.34
2012Summary only. Only limited summary data is available for this year.$4.93$1.87$3.06$12.0$12.0$0.04
2011Summary only. Only limited summary data is available for this year.$6.31$3.29$3.03$13.4$11.8$1.59
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $10M-$25M nonprofits